Paragon Realtors Real Estate

212 E Walnut StreetCelina, TX 75009Price: $995,000

  • Price: $995,000
  • 8 Days on Market
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Federal 30-year interest rate: 6.48% last updated on Jun 4, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $995,000List Price
  • 0.38Acreage

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Listed by Lynette Sandidge of Compass RE Texas,LLC (214-733-2385)
One of the last remaining vacant commercial development sites in Historic Downtown Celina, this highly visible corner property presents a rare opportunity to establish a presence in the fastest-growing city in the United States. Comprised of two parcels totaling just under half an acre, the site is strategically located within Celina's thriving Entertainment District and just steps from the vibrant downtown square, where restaurants, boutiques, events, and community attractions continue to drive exceptional pedestrian and vehicle traffic.Even more compelling, the City of Celina and the Celina Economic Development Corporation (EDC) have already approved building plans for the project, significantly reducing the time and effort typically required during the development process. The groundwork has been laid-this opportunity simply needs a visionary investor or developer to bring it to completion.Positioned on a prominent corner with outstanding visibility and accessibility, the property offers tremendous potential for retail, restaurant, office, mixed-use, or entertainment concepts. As Celina continues its unprecedented growth, fueled by the expansion of the Dallas North Tollway, Preston Road corridor improvements, and billions in surrounding development, opportunities to acquire commercial land in the downtown core have become increasingly scarce.For investors, developers, and entrepreneurs seeking a turnkey path into one of North Texas' most dynamic markets, this is a chance to secure a premier commercial location with approvals already in place and tremendous upside ahead.

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Based on information submitted to North Texas Real Estate Information Services as of June 9, 2026 5:10 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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